Land Banking on the Future - 20.69 HA (51 Acres)
LJ Hooker is proud to present this is a unique opportunity for investors and land bankers to secure such a big parcel in Toolern Vale. If you love a country atmosphere and a marvellous feeling of freedom yet want to be close enough to town facilities, then your search is over. House comprises of 3 bedrooms, lounge, dining, kitchen, family room, great undercover outdoor entertaining area, carport, historic stone house, machinery shed, 2 dams, seasonal creek, 8 divided paddocks, loose box, 2 stables and tack room.
Key Features:
- 10 minutes drive to Wood grove shopping centre
- Close to local amenities of Melton
- 45 minutes to CBD and 35 minutes to Melbourne airport
- Flexible settlement terms
- Total land size is 20.69 HA (approximately 51 acres) under Green Wedge Zone
The size of Toolern Vale is approximately 96.4 square kilometres. It has 1 park covering nearly 6.7% of total area. The population of Toolern Vale in 2011 was 879 people. By 2016 the population was 732 showing a population decline of 16.7% in the area during that time. The predominant age group in Toolern Vale is 40-49 years. Households in Toolern Vale are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Toolern Vale work in a clerical occupation. In 2011, 84% of the homes in Toolern Vale were owner-occupied compared with 87% in 2016.
Toolern Vale has 382 properties. Over the last 5 years, Houses in Toolern Vale have seen a 16.40% increase in median value. As at 31 July 2024:
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